It’s Time for a Green EU Deal
With the world facing increasingly serious environmental threats, European leaders should make a green Europe their number-one priority for the coming years. Such a program should focus on three main goals: carbon neutrality, responsible use of resources, and preserving biodiversity.
BRUSSELS – A “Green New Deal” has become the talk of the town in many of the world’s capitals. Having recently emerged in the United States, the idea pays tribute to the visionary economic-recovery program launched by President Franklin D. Roosevelt in 1933. But Europe can – and must – deliver it as well.
Europe has long been committed to the environment, introducing its first joint program back in 1972. In 2005, the European Union established the first emission-trading scheme, which remains the world’s largest carbon market. And in 2015, the EU took the lead in negotiating the Paris climate agreement, and committed to cutting its own greenhouse-gas emissions by 40% from 1990 levels.
But these steps, though important, do not address the scale of the challenge now facing the world. Bees and other insects are disappearing, while microplastic pollution has become ubiquitous. Rising temperatures could cause ice to disappear from the Arctic by 2050, and will worsen the fires, droughts, and floods Europe is already experiencing. And as air pollution increases, so will deaths from respiratory diseases.
We hope you're enjoying Project Syndicate.
To continue reading, subscribe now.
Get unlimited access to PS premium content, including in-depth commentaries, book reviews, exclusive interviews, On Point, the Big Picture, the PS Archive, and our annual year-ahead magazine.
Already have an account or want to create one? Log in